FYI: Key Takeaways:
.Global economic activity may be peaking, but the synchronized global expansion continues to provide a supportive backdrop for international stocks.
.Recession risks in the US remain low.
.Rising global inflation risks will likely translate into greater market volatility.
.Emerging-market equities may not benefit as much from the typical inflationary pressures and rising commodity prices seen historically when the US has drifted into the late cycle.
Regards,
Ted
https://www.fidelity.com/insights/markets-economy/business-cycle-approach-to-international-equities?print=true
